Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Office workers are filled with anxiety. Many white-collar workers are becoming more pessimistic about their ability to find a new job if they get laid off. Tuesday’s jobs report was the latest ominous sign in an era of big corporate layoff announcements and CEOs warning that AI will replace workers. The overall unemployment rate ticked […]
Apple Inc. has eliminated dozens of sales roles in a bid to streamline the way it offers products to businesses, schools and governments, marking a rare layoff for the iPhone maker. Apple relies less on layoffs than many of its tech peers, with CEO Tim Cook saying previously that the move is a “last resort”. […]
As Bengaluru’s once-thriving IT workforce grapples with layoffs, the rise of Artificial Intelligence, and weakening global demand, the dream of homeownership is being replaced by caution and fear. Even a sharp price correction may not be enough to draw tech professionals back into the housing market, according to prospective buyers and Reddit users. As Bengaluru’s […]
The Amazon layoffs can result in 800-1,000 job cuts in India, ET reported on Wednesday, as the US-based e-commerce firm taps AI to reduce overheads. In all, Amazon is planning to replace and/or avoid 600,000 US jobs by 2027. (AFP) The Amazon India layoffs would span functions—including finance, human resources and technology, ET reported citing […]
Amazon.com Inc. has announced yet another round of layoffs that will see the United States’ second largest employer trim 14,000 jobs, even as it steps up AI investments. Amazon CEO Andy Jassy, (Reuters) The company had about 1.56 million full-time and part-time employees at the end of last year. Amazon’s corporate workforce includes roughly 350,000 […]
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter. The cuts beginning this week may impact various divisions within Amazon, including human resources, known as People […]
Meta has announced layoffs to cut 600 jobs in its unit Superintelligence Labs, as the Facebook owner looks to make its AI unit more flexible and responsive. Meta CEO Mark Zuckerberg. (AFP) The job cuts will affect Facebook Artificial Intelligence Research (FAIR) unit, as well as teams focused on product-related AI and AI infrastructure, the […]
Nestle SA plans to effect layoffs that will affect 16,000 jobs globally over the next two years, according to its new chief executive officer Philipp Navratil Nestle CEO Philipp Navratil said Nestle was increasing its savings target to 3 billion Swiss francs by the end of 2027. That needs layoffs. (AFP) “The world is changing, […]
Goldman Sachs Group Inc. told staffers to expect an additional round of layoffs this year as the bank seeks further savings across its businesses and takes advantage of the opportunities presented by Artificial Intelligence. Goldman Sachs’ headcount was 48,300 at the end of September, about 1,800 more employees than at the end of last year. […]
